Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Private Sale/Redevelopment
Purpose: Develop sixteen (16) two-family or three-family homes
Entity Name: Urban League of Essex County
Entity Address: 508 Central Ave., Newark, New Jersey 07107
Sale Amount: $85,682.00
Cost Basis: (X ) $2.00 PSF ( ) Negotiated ( ) N/A ( ) Other:
Assessed Amount: $495,300.00
Appraised Amount: $N/A
Contract Period: To be commenced within 3 months and be completed within 18 months from the transfer of ownership by the City.
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( X ) RFP
( ) RFQ ( X ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
List of Property:
(Address/Block/Lot/Ward)
147 Camden Street/Block 262/Lot 35/West Ward
157 Camden Street/Block 262/Lot 40/West Ward
165 Camden Street/Block 262/Lot 44/West Ward
172-178 Fairmount Avenue/Block 262/Lot 26, 27, 28/West Ward
208-210 Fairmount Avenue/Block 262/Lot 10, 11/West Ward
224 Fairmount Avenue/Block 262/Lot 3/West Ward
228 Fairmount Avenue/Block 262/Lot 1/West Ward
187 Fairmount Avenue/Block 263/Lot 41/West Ward
195 Fairmount Avenue/Block 263/Lot 45/West Ward
217 Fairmount Avenue/Block 263/Lot 69/West Ward
219-221 Fairmount Avenue/Block 263/Lot 58/West Ward
227-229 Fairmount Avenue/Block 263/Lot 61/West Ward
Additional Information:
Total Square Footage: 42,841.; (12 Lots)
body
WHEREAS, the purpose of this resolution is to approve the sale and redevelopment and/or rehabilitation, as may be applicable, of the following City-owned properties located in the West Ward of the City of Newark:
ADDRESS
WARD
BLOCK
LOT
SIZE
SQ. FEET.
147 Camden St.
West
262
35
25X100
2,500.00
157 Camden St.
West
262
40
25X100
2,500.00
...
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